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<p>[QUOTE=&quot;fatima, post: 872692, member: 22143&quot;]If I understand what you are saying, that is you take a silver certificate down to the bank and deposit it, then there should be no problem at all.&nbsp; Federal Reserve banks are happy to take &quot;lawful money&quot; and or old legal tender notes and give you face value credit in FRNs.&nbsp;&nbsp; If the teller knows their business, they will exchange the note and keep it because the numismatic value of these things now exceeds their face value by a good margin.&nbsp;&nbsp; </p><p><br /></p><p>However if the teller is clueless about it, it will be sent to the Treasury and destroyed.&nbsp;&nbsp; The same thing happens if you take any silver certificate,&nbsp; $500 or $1000 FRNs or US Bank notes.&nbsp; (these all will have different colored seals on them)&nbsp; &nbsp; In all cases, the currency is removed from further circulation and you are given face value for it in FRNs for it.&nbsp; They will do the same for all issued coins as well.&nbsp; No doubt this isn&#039;t the best way to handle them, but they will gladly provide the service.</p><p><br /></p><p>The only thing that I am unsure of are the gold certificates.&nbsp; They were actually illegal for close to 40 years, but when they made them legal to own again as a collector&#039;s item, I am not sure if they restored the money status of these items.&nbsp; It would be foolish however to try as these days a good quality gold certificate can be worth more than even the gold that it represents.[/QUOTE]</p><p><br /></p>

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